Dr. Travis Parry (00:01.034)
Everyone in today's episode, I'm to be talking to you about what family legacy planning actually is, what it isn't, how it compares to financial planning and all the pieces in between. So if you've been following me on this podcast, we have made some big changes. It was first really all about how you grow your business and, know, keep some balance and healthy boundaries in your life. The second, really

phase of this podcast has been how do you scale this? How do you really build something that's scalable and also keep that balance, right? And all of the other aspects of your life, including your financial life. And as I started this, you know, new segment of the podcast, we're now calling it the Travis Parry show. It is very much about family legacy, but

to, you know, it's still going to be hearkening back to scaling and building and growing while, while keeping the sense of balance. But when we talk about balance, it's, it's really, you know, being able to achieve the highest, most important priorities in your life. Right. Well, so people ask me, so what is family legacy planning? First, we have to understand what it isn't. Family legacy planning is not financial planning. see financial planning for business owners.

Okay. A lot of times it's really just focusing on, what other assets, what is your business valuation? What insurances do you need for your key employees, for you, for your spouse, for a buy sell agreement, and all those things are important. Those are valuable. It's very much, you know, traditional financial planning, a financial planner. That's a whole different ball game, but a financial planner could be somebody who, you know, does,

You know, life insurance could be somebody that sells stocks and bonds, calls themselves a financial planner. Someone could simply be selling REITs, you know, to wealthy individuals who would like something a little bit alternative, maybe even oil and gas. There are a lot of ways that someone could call themselves a financial planner or financial advisor. And sometimes those terms are used, you know, interchangeably. Well,

Dr. Travis Parry (02:19.306)
It's really hard for the public to understand all of these things because they're even nuanced inside the industry. I know I was there for a very, very long time before I left to do this family legacy planning. And there is a different term called a comprehensive financial planner. Somebody that says, well, I'm going to do, you know, I'm going to understand accounting. I'm going to understand insurance. I'm going understand investing and the legal aspects. I'm going to put these all together and we're going to be comprehensive in our design.

We'll create a financial plan for you and we'll look at all these different pieces and we'll create a path and help you to achieve those financial goals. Well, that's it. That's at least kind of a better model. Cause quite honestly, financial planning, really as is really not an industry yet. It's really a specialty, or a, you know, a prof, it's really a profession, excuse me. It's really a profession and inside those.

that profession, you have specialists, people who are like, well, I specialize in life insurance or disability or investments or mutual funds or, know, they usually have these specialties and they can call themselves a financial planner or an advisor, depending on their regulating bodies, which I'm not going to get into. Okay. So it's kind of confusing for the lay person. So a comprehensive financial planner says, I'm going to learn about all these things and kind of put them together. There is a certification.

that for comprehensive financial planners also is a CFP, but it means a certified financial planner. Now a certified financial planner is by nature also comprehensive because they learn about estate planning, know, investments, accounting, the legal aspect, like all these portions of insurance, et cetera, and how they all work together. Think of it as like an NBA for business. Like they know a little bit of HR and

running marketing and sales and they can kind of look at everything together. Well, that's what a comprehensive financial planner does, but they typically will have a certification to show that they're comprehensive from, you know, that says CFP, Certified Financial Planner, and it's usually has a registered mark on there. So that's kind of a little bit of...

Dr. Travis Parry (04:44.366)
into the world of financial planning. This still is not family legacy planning. And let me explain further. Because as I was mentioning, financial planning a lot time kind of came from this medical model as a profession. Financial planners, when this term came out, they wanted to differentiate themselves from being a, salesperson. Salespeople are typically not, you know...

looked at as the most trustworthy or, you know, nice people to be around to, you know, take their advice, right? They're not very trustworthy ish, right? So they kind of want to say, well, how, how do we do this? And they looked at the medical model and I have a lot of issues with the medical model because the, the medical model does is they, is they come in and say, Hey, what are your symptoms? are your problems? And what, what, can we diagnose and then fix?

And with the medical model, you have a family doctor and with that family doctor, you're like, if the family doctor says, well, gee, let's take some tests. Something hurts on your foot. okay. Well, it looks like there may be like a fracture or something like that. And you know, if it's over above what they can do, they will send you to a specialist. go to the specialist who has, you know, taken a few more years of training in a very specific part of the body. Say here, podiatry.

And they will say, Hey, go speak with this individual. And this doctor will give you their specialized opinion on what's going on. I think is probably a stress fracture, but whatever. And then you go to that specialist and they run their tests and they have their, you know, specific, model of specialty to help you. And, know, they may say, well, you know, your family doc was somewhat right, but actually it's this, this, and this, and now we're going to have to do surgery and do this.

and take these medications, et cetera, et cetera. We've all been there, right? So the medical model, in my opinion, is really very much a diagnose and then go to a specialist. Now, sometimes you might not like that opinion. So you might go to another specialist or another specialist and you might get an opinion from two or three different people. Like, what do I do? Well, wouldn't it be nice if you're struggling with something in, you know, health wise that instead of

Dr. Travis Parry (07:09.026)
having just one person give an opinion and you're having to maybe go to two or three other people that you have various doctors, a team of doctors who can collaborate and say, well, yeah, there's, there's pain in the foot, but is it related to maybe some trauma from the brain or, you know, is there a nervous issue here? And, and don't get me wrong. think specializing in something is fantastic, but could we not have all these people work together?

comprehensively. So I watched the financial planning, you know, profession try to become an industry and we call it industry, but it's really kind of a loosely gathered up profession with everybody specializing in different things. And for the public, it's very hard to figure out what even that is. So the comprehensive financial planners, that's kind of like fixing that medical model. They realized, oh, we're all just a bunch of specialists here and

We're not looking at all the pieces. So to be comprehensive is at least a better way than just this medical model of diagnosing what's wrong with your finances and trying to fix it. Okay. So that said, that's a wonderful step forward. Being comprehensive and being able to understand what's going on with your finances from an accounting, legal, insurance and wealth management aspect. Wonderful. And I've seen some people

be the kind of, you know, they're the CFP, they're the gather, the comprehensive financial person, and they may have specialty people helping them. That is what I decided to do. A long time ago when I my job there as a financial advisor at Northwestern Mutual, I started my own comprehensive financial planning firm. And what I would do is I would, you know, meet with the client and look at their financial situation.

They're not even I'd involve specialists to give their opinion and we'd put them all together and come up with a plan. I still think that is a great, you know, offering and a great, you know, leg up compared to people who are just kind of doing their own thing in their own silo. But here's the problem. What I've come to find, you know, for years and years of working with clients and business owners, especially is that life doesn't just revolve around your financial

Dr. Travis Parry (09:29.528)
you know, situation, but finances touch every aspect of your life. One of the reasons why I wrote this book, Achieving Balance, my very first book, was because of this actual issue of, well, money is, you know, a stressor and so it pulls me out of balance and I'm going to become overworked workaholic. Yeah, yeah, yeah. That's the problem. But the solution is actually in the first couple of chapters where we talk about our values and our priorities and our goals in all areas.

of our life. When we put finances in its own little box, right? Even if we're comprehensive, we're like, yeah, we've got all these people helping me and I have a big team, wonderful idea, but you're still not connecting that with your health. In fact, your health is your wealth. And I've, I've seen this with people who, you know, when their health goes to pop,

Like they will literally spend all of their money trying to fix the problem because they're in so much pain. Right? What is money if you're dead? What is money if your health is so bad, you can't enjoy the freedom of going on a vacation. you know, I was on a cruise, just a few weeks ago with my wife and, I love the older mature crowd that likes to go on cruises and stuff.

But you know, we're, we're in our forties and we're watching people in their seventies who, know, they're in wheelchairs or in there and walkers and they're trying to go out and enjoy time in the sun and having fun. and again, there's nothing wrong with that. Like go and do and enjoy. But I just thought, wow, so glad we're doing these things now. We can enjoy life with our bodies that aren't, you know, struggling with the aging process. Am I aging? Of course I'm aging, but you know, I'm saying like the.

There is definitely some issue with kind of waiting around. So if you have a comprehensive financial plan, but it's not involving your health, you're missing out on a very big factor. Second factor and health is, is mental health, physical health, spiritual health, all of the areas of health. Okay. Health is your wealth. Absolutely. Nobody disagrees with that too. What about relationships?

Dr. Travis Parry (11:54.264)
What about relationships? If I boil down these 10 areas of life, there's really health, relationships, your own hobbies and fun and things you like to do. Like it's really those three areas. Okay. So if I look at relationships and we talk about money, every time I've had any conversation when I was a comprehensive financial planner, I found that it absolutely had to do with their family.

Why? Well, because now I'm asking them questions about do you want to fund your children's education? What are you going to do about your child if he or she wants to serve a mission for their church? Or are you going to help with a down payment for their home given the circumstances and the world and the interest rates and all these things? How hard it is to get into a home as a couple? Have you sat down and had those conversations before? Right? And if they never have,

and I'm a comprehensive financial planner who I'm used to talking about insurance and accounting and the financial concepts, am I the one qualified to be able to have conversations with couples about their family relations? Not so much. In fact, when I left even comprehensive financial planning to get a master's in psychology and a PhD in family and human development, I did some studies that I presented.

at various conferences. And one of the studies you'll probably never see anywhere, because it was just for financial planners and counselors and coaches was this idea that if they run into issues with family, with marriage, and they can actually see it, they're like, wow, they're arguing about money. I asked them, what did they do? Did you just continue on with the conversation or with the relationship? Did you try to give them advice and

If so, what advice were you trying to give them? And are you, educated enough to be able to give that advice or not? Or did you bring in a specialist, right? Someone that is not a financial specialist, but is a therapist, a coach, an educator in this area. There's various certifications. You could be a marriage and family therapist. You could be a psychologist.

Dr. Travis Parry (14:12.098)
You could be a CFLE, a certified family life educator, which you know, or a marriage coach. Like there are lot of different specialists that are outside the financial field that they could use. Wouldn't you know the majority of financial planners and advisors out there, we just call them planners because that kind of looks at all the fields here. The majority of financial planners did see problems within marriage.

I didn't even ask about health. that was, it was just focusing on the relationship at that time. the majority of them did see problems and the majority of them actually did not involve any specialists. They did not bring in someone in, they didn't have a referral, they didn't tell them to go see, you know, a therapist. and there was a large percentage that said,

I just tried to help them on my own with the limited knowledge that I had. And in that group, in that group, it was only like 5 % that actually had the creden- any type of credential to help them. What is this telling us? It's telling us that these financial planners, even if they're comprehensive, they are not qualified to give health advice. They're not qualified to give marriage and family advice.

Okay? But yet, when I ask financial planners and financial advisors how many of their clients are dealing with mental health issues or family issues, you know, that are related to their managing of their finances, they would all agree that most people are. Okay? So fundamentally, what's happening is as a financial profession, we've gone from being a salesperson, from a product,

Okay, here's a stock and a bond or mutual fund now, life insurance, disability insurance. We've gone from that to becoming comprehensive. let's have a team. have, you know, some people look at this, which is better than just the simple specialist model out there, like the medical model that this was built on. And now we're moving into more of a holistic stance. Like let's look at the whole life. but Travis, you know, I know my financial planner, he asked me about my life.

Dr. Travis Parry (16:34.382)
That's nice. But does he have a specialist helping? Does he have somebody that is looking after and is educated and trained in all of these areas? The answer is probably not. And is that person he, know, him or herself, are they actually trained in all of those areas? Probably not. This is why I came up with family legacy planning. Um, I call it, uh,

family life planning, but it sounds more like family relationships. If we could talk about legacy, which we have on this podcast now, we finally made this shift, um, that it really is, is, uh, looking at the financial pieces, but legacy is not just money. It's, it's, also your relationship. It's your health. So it's this holistic kind of view, but even if we talk about holistic, it just kind of has a negative connotation of like, well,

then you might be some quack, you know, doing, you know, something in the health area. And man, I've got a lot of chiropractic clients, energy healers, foot zoners, like, so I don't believe that I think that they all have their place. But what I'm, what I'm really trying to get at here is how this relates to you. There's really four stages of family legacy. Okay. The first stage.

is you're growing your business and you're overwhelmed and you could easily be falling into this workaholic trap unless you look holistically at all areas of your life, prioritize, manage your time and have some accountability. That's really this first phase. Okay. And as you're growing your business, a lot of times, you know, it's, it's leaps and bounds, it's back and forth up and down and it's, it can be scary. And so spouses need to be really, you know, involved in this area.

so that you can have a great marriage during this process. But as you're growing your business, especially if you're young, you're probably having, you know, a child or two or three or four, right? And if you're crazy like us, you have eight, but, know, to each his own. and I will tell you that, this is a big part of this, but you're also, you know, you're aging a little bit. If you're in your twenties and thirties, you're starting to feel it just a little bit. You're not recovering as fast and that sort of thing. if you're

Dr. Travis Parry (18:58.734)
Now growing and scaling, right? You kind of, you kind of, um, you're kind of gone from that. Let's, let's grow a business or build a business into scaling. Okay. So sorry, I'm kind of messed up that, that first phrase. should be, you know, building, um, uh, you know, building your business, but the second phase is now let's grow or scale. Okay. So when we grow or scale, we're taking something that's proven and we want to 10 exit. Let's exponentially grow. It is possible.

And that's why I talk about in my second book, marry and grow rich. Okay. We are going to grow and scale this thing because we've already built something that works. You know, maybe, maybe you're, you're at six figures and you're doing, you know, several six figure markets and you want to like grow to, to a seven figure business. Phenomenal. Well, in order to do that, you really have to take a leap. Um, and it requires that if you want to

You know, again, be holistic about everything you're doing. You want to protect your family time. You want to stay healthy. You got to keep up with what you learned in achieving balance. And that is, you know, have time management for all these, for all these areas. But so then, so then how do we build the business? How do we scale this? Excuse me. How do we grow and scale? So that first, you know, the first phase is build the second phase is, is, is grow and scale. Well, in order to do that, you've got to get out of your business, meaning you as a business owner have to step, step aside.

and start hiring or creating systems, automations, and other things that can replace you so that your business can be not bottlenecked by you. Right? So that's a big part of what I talk about in this book, Marry and Grow Rich. In addition, as the title says, you know, marriage is super important. You've got to be on the same page financially and quite honestly in all of the areas that you're working on. so this includes like how, are you on the same page health-wise?

Are you on the same page parenting wise? Are you on the same page spiritually? Are you on the same page, you know, mentally, like all these different areas and aspects of marriage. So if you think about this first phase, it really is this building a business while having this balance. Okay. Second phase is, is if you're watching this video too, you can see me, I'm shown to these, my books. Second phase is marrying, rich.

Dr. Travis Parry (21:20.518)
of, let's grow and scale, but let's still keep our balance. Meaning we're going to be holistic with everything that we're dealing with. All right. Third phase. And this is what my third book is really going to be about. It's about how do we now protect what we've built? Okay. You don't have to be a business owner. Like what you build can be your retirement nest egg outside of who, whatever business you are working for.

Right? As an employee or as a, a manager or, you know, on the C suite, wherever level you're at, don't necessarily have to have business ownership. Okay. But for the most part, my clients are in this phase, are business owners. So now they want to protect. So they've, they've built it. They've grown and scaled and now they want to protect it. Well, this is where the ideas and thoughts around, family banking really come in.

And this is why I've had John Nebaker and others on talking about this concept of like, how do you now protect what you have so that the next phase of preserving it doesn't get spoiled and you don't create entitled spoiled brats. Okay. That's it. Like, how do we now create this? Well, again, most people in legacy planning, they will talk about estates, wills, trusts.

you know, legal and accounting documents and LLCs and corporations and IELTS and on all these things that again, this is very much financial talk. This is very much comprehensive and even, you know, involving a lot of specialists in this estate planning world. Okay? Well, the problem with that is most of these financial specialists are not educated at all.

in family dynamics. None of them have a degree in family or certification typically. They go off their experience and what they've seen with their clients and like most other financial advisors, which I have personally done the research on. Okay, so I've seen this because I've asked them. So how do these people who are now designing documents that are related to your finance, how does that affect your health, your mental health?

Dr. Travis Parry (23:44.718)
Your family your relationship that is the big struggle here So my third book is really going to be on this concept of how do you protect? What you've built using a family bank as a tool Involving the correct financial specialists, but what about the health people? What about the relationship people? How do you train your family on how to use a family bank? How do you?

protect your health so you don't age so rapidly. You know, one thing I've done a lot of interviews. I've probably interviewed over 3,000 people in the course of my career of clients, potential clients, podcast interviews, research for my book, even my own grandparents. And when I interviewed my grandparents, I found out my grandpa had this desire to never retire. I was like, wait, what? Like back then, you know,

the medical model, financial advising, financial planning was find out when they want to retire, figure out what they don't have, show them the gap. And that's quite honestly the diagnosis, right? It's like, well, you don't have enough income or you don't have enough assets to live off of. So we got to do something, got to make changes. Let me help you. Okay. So as I looked at grandpa, I was actually doing a family history interview with him and I was asking him about his life and like, yeah, all of my friends who retired.

died within years of retirement. He saw causation. He saw retire equals death. And if we actually go back and look at the history of social security, which is a social welfare program brought us after World War II from the German country that we helped to get rid of Nazism, which is a form of socialism. Okay. If you look up

what Nazi stands for, it's a socialist party, okay? So the National Socialist Party. We brought their program back with us. Why? I don't know. I'm not a political commentator. I just consume a lot of stuff. But I know that what it's done and what original intention was, hey, most people, they live to 68 or so. So at that time, 65 was retirement age.

Dr. Travis Parry (26:05.166)
And we project that most people will live only three years and then they will die. So we're going to have this social welfare program brought to us by the federal government that we all will pay into. Um, isn't that not a pyramid scheme? Anyway, another topic for another day. Um, that then is there for those who can't afford to retire, you know, in comfort and ease and et cetera. Okay. So I know that my grandfather, a father who fought.

in World War II had this mentality and he saw this as it changed his friends and he did work almost until you know he couldn't anymore. He eventually succumbed to Alzheimer's dementia but he fought it for four or five years and you know I saw him as he just got worse and worse and some some times he got a little bit better but went back to you know kind of decaying over time and it was it was a sad

very long drawn out process. don't recommend it for anybody. was painful and hard for his sons and the rest of the family. But what I didn't see is a guy who gave up. He did what he intended to do. He even worked in his family business, run by his sons and some of his grandsons and daughters-in-law, et cetera. He kept that promise to himself. He wasn't going to retire.

and stop and then not have anything to do. Her client recently told me like she was afraid because she was talking to friend of hers who retired and he doesn't know what he's going to do anymore. Like there's no purpose and passion. Why? Why? Because if we're just so focused on work as a way to receive money, to build a wealth and then retire, but we haven't talked about all the things we want to do to live life purposely.

outside of work and that's all we have and that's our identity then when we get to this stage of protecting our wealth we really are going to involve that estate planner, the accountant, you know, the financial guy to help us make sure that it's protected. But what are we doing in the meantime? And if we get to that retired, you know, with air quotes here, we get to the retirement mark and we don't have goals, ambitions, or what to do outside of work.

Dr. Travis Parry (28:33.848)
that we truly are and have been workaholics. And that's exactly why my grandfather's friends died is that's what they were. They had nothing. They didn't know what to do. I know for right now, if I was no longer working, I know exactly what I would be doing. I know exactly what I'd be filling my time with. I know exactly who I'd be spending my time with and where. Why? Because I have a balanced life plan.

that I have been following for a very, very long time. And one of the reasons why I use this analogy of, you know, holistic is I've been holistic. I've been looking at all areas of life for a very long time, thanks to my dad and a lot of other training and kind of my background. So what does this have to do with the protection phase? Well, the protection phase is here so that you can begin to say, gee, I have enough to be enough and...

What do we do now? Do we start letting go of the business? Do we sell it? Do we give it to the next generation? In the meantime, do we set up the right financial tools so that the wealth can go to the next generation, which is the next phase of preservation? Okay, so we got to get these things protected. We have to protect this this kingdom. So and if you look at it this way, if we can go kind of go back and say, hey, this first phase is really kind of building

Your kingdom building up your legacy, this, this kingdom that you want to build with you and your spouse, right? Second phase is like, let's scale and grow this. Let's, let's kind of expand our kingdom out. Third phase is like, let's protect our borders. Let's make sure that this is not stolen or given to taxes or taken or negligence, like all of these things. But we have to do this in a holistic way.

as we're looking not just at the financial pieces, but the health and relationships and quite honestly, still our own personal desires. Like if I was done working today, one of the things that I would like to be doing just as fun and wreck is to be learning how to fly an airplane. Like my dad was a pilot. I was a big part of that as 18 or 19. I think I was 19 when I took my first pilot's flight lesson.

Dr. Travis Parry (30:58.318)
My dad realized he wanted to do that since he was a kid and so he started working on his So I want to work on mine like that's one thing I'm gonna do is I'm gonna spend some time doing that So if you don't have fun and rec and hobbies and things you like now like what are you gonna fill your time with what purpose are you going to have in addition We've already talked about your own health. Are you taking care of it? Are you working out? Are you eating right? Are you filling your mind with good things? Are you taking the supplements that you need to help you as you age?

Right? Those are big things I'm very much passionate about. So when you get to this protection phase, you're now protecting not only your wealth, but you're protecting your health, your relationships. And this is so important to this next phase, this fourth phase, which is the preserving of this legacy. So now you want to preserve by saying, okay, now how do we start giving these assets, financial assets?

health assets, relationship assets. How do we now distribute these so that it can be preserved for the next generation and the next generation? Again, if we're just talking about business, it's like grow or build your business, grow and scale, protect your business, and then, you know, preserve it for the next generation. It's not just about the business. It's not just about the money, right? It's about this holistic approach. so many people, when we talk about their, their legacy, they don't just

talk about money, they want their children and grandchildren to remember them. They want to be remembered for the lessons, not just, you know, the hard times or the good times. They want to remember like the values that they passed on. They want their health to be a legacy. They want their relationships, that connection with their family members to continue. But if you were in the build phase,

and you never spent time with your kids, then, you know, when you get to the preservation phase, the next generation may not really know you. They may have to get to know you again if that will be, you know, allowable. Or they may just say, you know what? No, I don't really want to do anything with this person. It doesn't matter what money they're going to provide, right? They may just want to disconnect. And we see a lot of this actually.

Dr. Travis Parry (33:25.132)
these days with children disconnecting from their parents and grandparents because of choices and boundaries that weren't set properly and relationships that went sour. Okay. And a lot of times because they were so focused on money, growing that business and building it. Right. So that's a big issue there in this preservation phase. So once again, build, grow and scale, protect, preserve.

That's amazing. You might be in this growth phase. You might be just starting and building, you know, your business. might be in this protection phase or even the preservation phase. the family legacy planning can help with all of this. Okay. Travis, Mr. Big Shot doctor, like what, what does that mean? How do you do that? Okay. So the very first thing that we do with all of my clients is regardless of what phase we're in, we actually build you a life plan.

We look at all areas of your life and work backwards and say, gee, if you were at the end of your life, if you're 90, a hundred years old, whatever you lived, like this really long, awesome life, what does that look like? What have you become in all areas? And then we would go backwards and say, well, now let's start planning this out. Let's reverse engineer this. We're not creating some gap and trying to fill our products and services to sell you that. Which is what, again, financial profession has done.

for years and years and years and still doing it, okay? I still see it like the brand new college interns that come into all these big firms, like they're still doing exactly that. Why? Because it has worked. Just because it has worked doesn't mean it's the right solution. And quite honestly, you might not agree with this solution and that's okay. I'm throwing this out here so that people can go, well, what is family legacy planning and how does that fit? So the very first thing we do is we actually will create a holistic life plan.

And that holistic life plan, we can follow regardless what phase you're in. If you're building, you're growing, you're protecting, you're preserving, we can use the life plan at any area. It's not just a financial, comprehensive financial plan. In fact, if we could compare those two, great, you have a comprehensive financial planner that involves all these specialists and you get a plan. You know, I've seen people pay tens of thousands of dollars for these.

Dr. Travis Parry (35:52.61)
And they come back with this really big, huge document that quite honestly is, is, is, so siloed and so specific on, on, on money and finances. Most of the clients don't even know what is, what it is. They're not trained in any of this stuff. So they really rely on that planner who should be a mentor, should be helping them. And I think it's important to have that, but taken out of context without your health involved, without your family, without knowing what you personally.

want to do as an individual, you take those factors out, it really doesn't have a whole lot of power. Because that's going to change all the time. You know what's going to change it? Your health, your family's health, your wife's health, your relationships, the things that you want to do for fun and recreation or give back as service to community, which is a relationship, okay? Relationship with community. If you look at my 10 areas in my Achieving Balance book. So I've written these books to follow these different phases.

Quite honestly, I'm super excited. I wish my third book was already done. I'm hoping to have this finished for you pretty soon, because it's going to pull some of these pieces in, but it's going to be on the family side. How do we protect? Okay. So we start with that plan and then wherever you are, we're going to execute that with, for me, instead of having, you know, becoming a CFP and become this comprehensive financial planner who knows a little bit about family and mental health and

and health in general, I actually have a certified financial planner and he has his own team. So I have a business partner that does that. And then on the other side, I have a natural health coach and he and I, we have our team and we have processes together on that side. And then me as the relationship specialist, I have that as my forefront. I'm the relationship person.

So I will work with you if you decide that this is the right fit for you. I will work with you as the relationship guide, but also focused on the family, the marriage, relationship with God, relationship with community, all the things that are a relationship issue. Health. We will have a plan for your health. We will have a plan for your relationships. We'll have a plan for your finances that work together. Okay. As far as I know, I know no one who is doing this.

Dr. Travis Parry (38:17.716)
Literally no person that I know of, is providing this level of support, this in depth, this comprehensive, right? Usually have a comprehensive financial, you have, you might have in the health world, some comprehensive, you know, systems. You might even have some comprehensive relationship, typically not typically relationship help is

from therapists or psychologists very much reactive to what you're struggling with instead of looking proactively. Okay, that's in general. There are some that might do that, but I've not seen any company combine all three of these together. And if they do and they call themselves holistic, typically it's because they're working in the financial field and maybe they have a certification or maybe they have some training in health, some training

in in in relationships so they can kind of dabble a little bit. All right, that is better than the nothing. But that's typically what other people are calling holistic. They're giving kind of a wink and a nod to these other areas, but they're not trained. So why would you want to work with my team? Why would you want to work with me? Why would you want to work with this family legacy planning approach? Because we are

team of specialists and we're looking at all 10 areas of your life. All right. We're helping you to look at the world in a very holistic way, an actual holistic way, not just a wink and a nod. but, and I know my masters in psychology, my certifications in, in coaching and, in, in, in other psychological practices are, you know, are great.

But don't hang my hat on that. I still have involved other specialists as a, as a, as a doctorate in family relations, though I do hang my hat on a lot of the family and relationship and marriage education and coaching and mentoring that I give. However, if I need to involve someone else, I know who to go and talk to and bring in. If it is needed, a, a, a therapist or a psychologist.

Dr. Travis Parry (40:42.546)
I know who to discuss with and bring in onto this team to make this right. So when you're decided to go down this path of family legacy planning, we're looking at all areas. We're going from build, grow, protect, preserve, and we're looking in all directions. Okay. We're being holistic as we're building this legacy, the, the kingdom, that is your, your family kingdom. Okay.

Again, I love this analogy of, if you're out in the middle ages and you kind of, you build your own little kingdom and then you grow and scale this and then you protect it with walls and now you're preserving it by giving it to your heirs. Okay. This is really the process, but are you looking in all directions? Are you holistic at everything that's going on around you in all areas of life to make sure that you're not just planning out your financial future?

with no thought of all these other things that your healthy relationships that could absolutely affect not just affect your finances, but how your finances could be affected by all these areas. you know, and wherever you're at, doesn't matter how much money you have, what you're building, what you're growing. I would highly, highly recommend at least buying these first two books, achieving balance, marrying, grow rich. and I have a, you know,

Some other books you get down that down, down this, this process. have some other people go back and listen to my podcast. John Nebaker, really talks about preserving. so with his family bank concept, and protecting as well as this kind of hand in hand, but still doesn't really, really tackle the family or the health areas like the super important. And that's what I do. I come in and help. We've partnered with John and, and, and others with this process to help you.

have a more holistic take on this. I know this is different for some of my podcasts. A lot of it has been interview based or information based. I really wanted to use this, you know, format here today on YouTube and my podcast and even throughout social media to let you know that family legacy planning involves every aspect of your business and your life. And it is 100 % 360 degree.

Dr. Travis Parry (43:06.658)
holistic view of every area of your life. I'm excited. If you want to do business with us, you can, you can go to Travis Perry.com. Okay. P a R R Y. And, you can sign up for a quick discussion, a consult with, with me or a member of my team. We'll have more information there on the website and just know that, you know, even if we can't help you, or if you don't want this type of

Again, you know, four phase and holistic type of help. can absolutely be someone and my team can be, you know, people that can direct you if right now, all you really need or you feel like you want is some health help rate. You know, there, might be somebody that I can point you to. know, several right away. If you need some, you know, family, you know, help or you need to repair relationship, there might be someone I can refer you to there.

Or if you just really need some basic stuff, like some life insurance disability or whatever, and you're, you're, just in the building phase. Phenomenal. The great thing about this type of approach is we can be of help at every stage and in every direction. So while we're not here for all people, you know, we can't help everyone do everything, but we do have options depending on the phase of life that you are in. They can be very beneficial. So check us out.

Travis Perry.com and you know, if you scroll part way through the website, you'll see some testimonials in a place to sign up for a, just a quick chat to see where you're at, but only do that if you're serious, only do that if you want this type of help. And we look forward to seeing you there and also additional podcasts are coming off every week or so about family legacy and how to either grow or build, grow, protect, or preserve.

your business and your life. Hope you've enjoyed this and we'll talk to you on the next podcast.

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